Enterprise Community Partners Inc.

Housing costs are deterring top-talent from entering the Los Angeles job market, and leading to higher costs in recruiting and retaining employees, according to a new survey released today by Raphael Bostic, a USC Price School of Public Policy Professor and the newly appointed head of the Atlanta Federal Reserve. Bostic led a team of USC researchers in surveying major L.A. employers accounting for nearly 200,000 jobs in key sectors including utilities, healthcare, education, government, engineering and finance ..

While rental housing is often associated with large, high-rise apartments, 54 percent of U.S. rentals are in small and medium multifamily housing (SMMF), properties with between two and 49 units. SMMF is a much more important source of homes than has generally been recognized, especially for low-income households, according to new research from Enterprise Community Partners Inc. (Enterprise) and the The USC Bedrosian Center on Governance, housed at the USC Price School of Public Policy.